IMF Staff Papers, Volume 54, No. 2

September 26, 2007

Preview Citation

Format: Chicago

IMF Staff Papers, Volume 54, No. 2, (USA: International Monetary Fund, 2007) accessed December 22, 2024

Summary

Vol. 54, No. 2 includes three notable contributions from the Seventh Jacques Polak Annual Research Conference (ARC) hosted by the IMF in November 2006. Its lead paper, by Olivier Blanchard of Harvard University, is the 2006 Mundell-Fleming Lecture (delivered at the ARC), which analyzes current-account deficits in the advanced economies. Other papers in this issue look at the relationship between international financial integration and the real economy. Other papers discuss whether (or not): i) the next capital account crisis can be predicted; ii) accepted definitions of debt crises are adequate; iii) the Doha Round of trade talks (if they are ever successfully completed) will lead to preference erosion; and finally iv) there is room for political opportunism in countries deciding between money-based or exchange-rate-based stabilization programs.

Subject: Balance of payments, Consumption, Current account deficits, Debt default, External debt, Financial crises, National accounts, Tariffs, Taxes

Keywords: Africa, Asia and Pacific, Consumption, Current account deficit, Current account deficits, Debt default, Debt-servicing difficulty, Developing country, East Asia, Election cycle, ERBS program, EU market, Global, Next election, South Asia, SP, Tariffs

Publication Details

Pages:

235
Volume:

---
DOI:

---
Issue:

---
Series:

IMF Staff Papers No. 2007/003
Stock No:

SPIEA2007002
ISBN:

9781589066502
ISSN:

1020-7635

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Papers